https://www.taxtmi.com/caselaws?id=351202 The Tribunal allowed the appeal, setting aside the direction for a fresh assessment under section 147 due to the notice u/s 148 being issued after the prescribed time limit under section 149. The Tribunal emphasized the importance of adhering to statutory limitations in reassessment proceedings and cited legal principles and precedents to support its decision. en-us Mon, 20 Nov 2017 00:00:00 +0530 Tue, 21 Nov 2017 09:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351202 The Tribunal allowed the appeal, setting aside the direction for a fresh assessment under section 147 due to the notice u/s 148 being issued after the prescribed time limit under section 149. The Tribunal emphasized the importance of adhering to statutory limitations in reassessment proceedings and cited legal principles and precedents to support its decision. Case-Laws Income Tax Mon, 20 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351202